Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,433,059
Property, Plant, & Equipment (net)
36%
Other Assets
30%
Receivables (Non-Related)
14%
Cash & Equivalents
13%
Inventories
6%
Prepaid Expenses
3%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,428,188
Payables & Accruals
49%
Notes Payable / Debt (Non-Related)
33%
Grants Payable
10%
Other Liabilities
5%
Deferred Revenue
2%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$149,539
$313,234
+109%
Receivables (Non-Related)
$263,660
$330,882
+25%
Related-Party Receivables
-
-
-
Inventories
$123,541
$136,601
+11%
Prepaid Expenses
$43,421
$60,863
+40%
Investments
-
-
-
Property, Plant, & Equipment (net)
$995,731
$867,539
-13%
Other Assets
$625,000
$723,940
+16%
Total Assets
$2,200,892
$2,433,059
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$748,418
$697,679
-7%
Grants Payable
$201,076
$143,038
-29%
Deferred Revenue
$23,937
$31,372
+31%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$249,371
$478,362
+92%
Related-Party Payables
-
-
-
Other Liabilities
$77,737
$77,737
+0%
Total Liabilities
$1,300,539
$1,428,188
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$354,998
$431,938
+22%
Unrestricted Net Assets
$545,355
$572,933
+5%
Net assets
2023
2024
Change
Net assets
+$900,353
+$1,004,871
+12%